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Dimethyl Carbonate Market Share

Report ID: GMI823
Published Date: Sep 2024
Report Format: PDF

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Dimethyl Carbonate Market Share

The dimethyl carbonate (DMC) market is witnessing heightened demand due to strategic efforts by leading companies to expand production capabilities and innovate applications. Major players are investing significantly in new manufacturing facilities and technologies to meet rising industrial needs, driven by DMC's versatility in pharmaceuticals, plastics, and solvents. Companies are focusing on sustainable practices, such as using DMC as a greener alternative to traditional solvents, aligning with global environmental regulations. These initiatives not only boost DMC's market presence but also cater to increasing consumer and industrial demand for eco-friendly and efficient chemical solutions.

Dimethyl Carbonate Market Companies

The key dimethyl carbonate industry participants include

Merck KGaA
UBE Industries
Kishida Chemicals
Tangshan Chaoyang Chemical
Connect Chemicals
Dongying City Longxing
SMC Global
Alfa Aesar
Asahi Kasei Corporation
Kowa American Corporation

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

Global market size for dimethyl carbonate recorded USD 1.1 billion in 2023 and will register an 8.2% CAGR from 2023 to 2032, driven by the increasing demand for environmentally friendly chemical alternatives in various industries.

The polycarbonate application segment is expected to cross USD 1.2 billion by 2032, as the push towards reducing carbon footprints in manufacturing processes has encouraged the use of dimethyl carbonate as a greener alternative to phosgene in polycarbonate production.

Asia Pacific market will generate a demand of over 800 kilotons by 2032, driven by the rise in electric vehicle (EV) production and the growing consumer electronics sector, where DMC is a crucial component in lithium-ion battery electrolytes.

Tangshan Chaoyang Chemical, Asahi Kasei, UBE Corporation, SMC Global, and Merck KgaA among others.